ProShares UltraShort Bloomberg Crude Oil (NYSEARCA:SCO) Hits New 1-Year Low – Here’s Why

Posted by Joseph Casey on Sep 16th, 2026

ProShares UltraShort Bloomberg Crude Oil (NYSEARCA:SCO – Get Free Report)’s share price reached a new 52-week low during trading on Wednesday . The stock traded as low as $19.48 and last traded at $19.66, with a volume of 11442808 shares traded. The stock had previously closed at $20.40.

ProShares UltraShort Bloomberg Crude Oil Price Performance

The company has a 50 day moving average of $25.95 and a 200 day moving average of $29.84.

Institutional Investors Weigh In On ProShares UltraShort Bloomberg Crude Oil

Several large investors have recently made changes to their positions in the company. Cassaday & Co Wealth Management LLC bought a new position in shares of ProShares UltraShort Bloomberg Crude Oil in the first quarter valued at about $30,000. Waverly Advisors LLC bought a new stake in ProShares UltraShort Bloomberg Crude Oil during the 1st quarter worth about $83,000. Simplicity Wealth LLC acquired a new stake in ProShares UltraShort Bloomberg Crude Oil in the 1st quarter valued at about $91,000. Arkadios Wealth Advisors acquired a new stake in ProShares UltraShort Bloomberg Crude Oil in the 1st quarter valued at about $108,000. Finally, NewEdge Advisors LLC bought a new position in shares of ProShares UltraShort Bloomberg Crude Oil in the first quarter worth about $144,000.

ProShares UltraShort Bloomberg Crude Oil Company Profile

(Get Free Report)

The ProShares UltraShort Bloomberg Crude Oil (SCO) is an exchange-traded fund that is based on the Bloomberg WTI Crude Oil Subindex index. The fund provides -2x the daily return of an index of futures contracts on light sweet crude oil. SCO was launched on Nov 24, 2008 and is managed by ProShares.